Beef & Sheep UpdateCattleCattle PricesSheepSheep Prices

Beef & Sheep Update 5th Feb

Cattle and Sheep in Wicklow Field, Ireland

Beef Update

Brendan Golden said the EU Commission cannot defend current or future trade agreements when it shows that by 2030 beef imports into the EU can increase by up to 100,000t and in the process reduce beef prices for Irish and EU farmers by a further 2.2%, in a sector that is already accepted as extremely vulnerable and operating on a below cost basis.

He said this week factories are slowing the kill and attempting to ease prices with some quoting €3.80/kg for heifers.  Most cattle are moving at a base of €3.80 for steers and €3.85/kg for heifers.

Beef Price Update 04/02/2021

Steer base €3.80/kg. Heifers €3.80/3.85kg. Deals higher. Y Bulls R/U €3.75/3.95kg. Cows €3.00/3.60kg.

Supply Figures as Reported by DAFM – Week 4 (25/01/2021)

AnimalNumberChange prev. wk.% of totalYTDYTD Change
Y Bulls3578▲16311%14337▼-5,183 
Steer10548▼-146 34%43377▼-972 
Heifer10136▼-422 32%42862▼-874 
Total31213▼-170 100%127606▼-5,836 

Official Irish Prices as Reported by DAFM – Week 4 (25/01/2021)

c/kg (Incl. VAT)U3Change prev. wk.R3Change prev. wk.O3Change prev. wk.P+3Change prev. wk.
Steers413▼-2 404▲0387▼-2 356▼-2 
Heifers423▲0409▼-2 396▼-1 354▲3
Y Bulls394▼-2 382▼-2 370▼-2 355▼-6 
Cows0▲0342▼-4 318▼-3 307▼-3 

Official GB Prices as Reported by AHDB

SteersSteersHeifersHeifersYoung bullYoung bullCow
Change▲0▼-0 ▲0▲0▼-2 ▼-4 ▲2
Price in c/kg (incl. VAT)455.1459.3454.4458.1440.7428.9313.5

Sheep Update

Sean Dennehy said dog attacks remain a significant problem and can devastate the farmers whose sheep suffer an attack. Sean Dennehy said there must be better enforcement of existing legislation around dog ownership; more stringent fines for dog attacks; increased funding for the dog warden service; and a single database for microchipped dogs. All farm animals are fully traceable, and dogs should also be.

Lamb Price Update 04/02/2021

QA Hoggets €6.20/6.40kg paid. Deals for groups and larger lots. Ewes €2.85/3.20kg.

Supply Figures as Reported by DAFM – Week 4 (25/01/2021)

AnimalFigureChangeYTDYTD Change
Lambs/Hoggets38021▼-7,497 175137▼-3,409 
Spring Lambs0▲00▲0
Ewes and Rams5638▼-923 25387▼-4,022 
Light Lambs0▲07▲6
Total43659▼-8,420 200531▼-7,425 

Official Irish Prices as Reported by DAFM – Week 4 (25/01/2021)

c/kg (Incl. VAT)Week 4 Change prev. wk2020Change prev. yr
Avg Factory Price580.12▼-21 502.04▲78
Avg Mart Price523.10▼-23 429.88▲93
National Avg Price579.57▼-23 480.39▲99
YTD Avg585.16▼-2 477.28▲108

Official GB Prices as Reported by AHDB

R3L Overall SQQ*Type of lamb
23.01.2021578.1574.3Old season
30.01.2021560.3558.4Old season
Change▼-18 ▼-16 
Price in c/kg (incl. VAT)664.8662.6

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